The payday loan advantage
30 June 2008
There are many advantages that a payday loan has over other finance options, but the most important one is the speed with which it can provide short term financial solutions. Whether you need to pay bills that you did not expect or else require funds for a shopping trip, a payday loan can be the answer. A few hundred dollars is usually all that is available with a payday loan, so if you have low costs and low funds currently, you may want to consider a payday loan.
There are quite a few payday loan lenders, but two of the better ones are Cash Doctors and Payday Mate. These companies each have a different advantage in payday loan lending, but both can provide an excellent payday loan service.
Cash Doctors are extremely fast, able to provide up to $600 within as little as 60 minutes to borrowers who qualify for it. A payday loan from Cash Doctors is so fast because they utilise online application forms as well as a faxless payday loan confirmation system. Rather than requiring documents, Cash Doctors ensure you are not a payday loan risk by speaking with your paymaster. Once your details are confirmed, they can send the money to your nominated bank account.
Payday Mate are capable of providing a payday loan of up to $1000, but this is not available to first time customers. They also require a few forms to confirm your income, so they are somewhat slower than Cash Doctors. Nevertheless, if you can foresee the need for a larger payday loan in the future, it may be a good idea to start a borrowing relationship with Payday Mate.
Please visit our lenders page to learn more about the companies that can provide you with a payday loan.
Featured Payday Loan Lender
Cash Doctors is one of Australia's leading short term lenders. They have helped thousands of Australian's overcome short term financial difficulties by offering instant cash loans.
- You can submit a payday loan application online with Cash Doctors for loans of $100 - $600.
- A Cash Doctors Payday loan application will only be approved if submitted by people who have been employed for at least 3 months and are paid more than $400 per week net after rent/mortgage repayments have been taken into account.
- Payday loans are paid directly into your bank account within the hour.
- Cash Doctors do not require any paperwork from you to approve your loan. This is a completely faxless payday loan with your details confirmed with your payroll officer before approval of your payday loan is granted.
Featured Payday Loan Lender
More Cash Fast
When you need cash now, turn to PaydayMate. You can have up to $1000 in your account just by simply completing the online application.
1. Complete the Online Application
2. Check Email for Confirmation
3. Receive your Cash!
Unfortunately Payday Mate does not loan to Western Australia and Australian Capital Territory residents.